7 Great Tips For Starting Your New Business
(And Tapping Into Your Inner Entrepreneur)
By
The Wisdom Man
The cost of living seems to always be going up, up, up and almost everybody requires a little extra (or a whole bunch) of cash nowadays. What does this mean to you? If you are really an entrepreneur this is possibly the best time ever for you to create, and own, your very own small business.
Before you start worrying about securing investors and bank loans, keep in mind that you can start a home-based business for a very small upfront investment– or perhaps even FREE (sweat equity and creativity required).
Before freaking out think about if you could efficiently run your home business from your kitchen table? Or second bedroom? Frankly, you can fund your company from a few dollars of saving. Perhaps you could be a bit more creative and find some other sources such as conserving some extra grocery money or working a temporary part time job.
Now lets think about another thing also. Just how much time will it require to run your home business? Several points come into play, however, mainly it depends upon just how hard you intend to work your business. If you generally have time on your hands during the day you absolutely could start and run your small business, then after awhile you can go after it full blast, and not just in your spare time. If you already have a job (or maybe two), you could run your business in the evening, in the early morning before work, or on the weekends.
If you have a good idea, good plan, and work hard at it the odds are dramatically in your favor to make money. If you’re solely focused on it, your business can start gaining perhaps hundreds each month and also move up to several thousand dollars a month in revenue and positive cash flow. If you can make it this far the future is extremely bright!
Does part time really make sense? Work in your business part-time and you can make anywhere from an extra $100 to perhaps more than $1,000 per month. And that might be just exactly what you’ll need to supplement your revenue from your routine job. Think for a moment how that extra cash could be of benefit to your life.
What kind of business should you start or buy into? One that fits who you are! Search for one that matches your passion and talents as well as your financial needs. If you prefer to speak with people as well as explain and promote your concepts, you very well could be extremely effective in a business that requires dynamic selling. You’ll appreciate it and also make a lot of money at it.
If the idea of having to sell something makes you want to run screaming into the night, don’t fret. There are businesses that need low stress and minimal direct selling. Regarding all you need to do is make use of the items you offer and talk to most concerning the items when they ask.
Obviously, brand-new consumers hardly ever just fall into your arms. You need to take the initiative to locate new leads. Here are a number of straightforward and affordable ways to obtain brand-new clients.
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1. Speak with everyone you know about your business. You will be surprised how many will take an interest and wish to buy from you. It never ceases to amaze me how many entrepreneurs, and even business owners, are reluctant to talk up their product or service. Humble pie doesn’t taste as good as apple pie a la mode with a cherry on top!
2. Mail letters or postcards. Mail 10 – 20 contacts per week. Better yet put together a larger mailing list and an automated mailing schedule. Get names and also addresses from clubs, associations, the chamber of business, and also “list brokers” who are in the business of selling addresses. Do a search under “Direct Mail.” Still not sure contact me.
3. Have a website. Don’t put up a bland billboard or as I call it a “tombstone”. Share all your experiences, products, and ideas on it, after that keep it updated so it show higher in the Google. It’s cost-free to do and pretty soon all the Internet search engines will certainly include your site’s listing.
4. Place advertisements in email e-newsletters. It’s an extremely economical method to get to hundreds, or perhaps thousands, of individuals that are probably very thinking about a home based business. Browse Google for “e-zine directory” to locate sites that contain, in some cases, thousands of e-mail e-newsletters you can access.
5. Offer your service or products as a charitable donation or associate with a non-profit. They could offer the item for sale. It’s a win for them as well as a HUGE win for you, as you’ll generate income from those sales (even if they don’t directly pay you) and acquire brand-new clients at the same time.
6. Go to flea markets and other public markets in your area. Obtain a low-priced display as well as tell your story to anybody that will listen. That’s what flea markets and open air markets are for, as well as you will not really feel one bit out of place.
7. Promote, promote, promote! Assuming you already have a web site and social media presences, promote your business online and convert your target market into consumers.
These are a few reliable real life tested ideas to help you get going for more useful information go to “Launching Your Great Business Idea Now!”. If you’re feeling the itch to tap into your entrepreneurial spirit, the go all out and make it happen. It’ll be the smartest and perhaps bravest thing you’ll ever do.
About the Author
Theodore Henderson AKA “The Wisdom Man” works with those individuals who desire to become entrepreneurs, business owners who want to improve their leadership and management skills, and those who need more productive career strategies. He’s an Amazon best selling author, a Certified Leadership Coach, Certified Career Coach (by The Five O’Clock Club), and a Certified Social Media Security Professional Powered by CompTIA. He is the author of “9 Simple Steps to Becoming a Strong Leader”, “The Wisdom Compass”, the digital course “The Entrepreneur Series”, and the cyber security eBook “30 Smart Ways to Protect Yourself from Cyber Criminals” aimed at owners of Smartphones, Mobile Devices, and also those who have significant online activities including Social Media, financial services, and more. He may be reached via www.TheodoreHenderson.com.